Norwest Bank Kalispell, National Association in Kalispell, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 10, 1995

Norwest Bank Kalispell, National Association in Kalispell, Montana (MT)
Show street view No street view available for this location

Norwest Bank Kalispell, National Association - Overview

General
FDIC Certificate #: 2190
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Montana, National Association (#16309)
Federal Reserve ID: 609252
Date Established: June 19, 1891
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 1450
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 10, 1995
Last Structure Change Process Date: Febuary 23, 1995
Last Data Update: Febuary 23, 1995
Data Source Date: April 05, 2012
Location
Address: 201 First Avenue East, Kalispell, MT 59901
County: Flathead
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Billings
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Kalispell, MT (#28060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $111.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$35Total assets
$111,197Cash and due from depository institutions
$6,346Interest-bearing balances
$0Securities
$27,409Federal funds sold & reverse repurchase agreements
$5,139Net loans & leases
$70,333Loan loss allowance
$732Trading account assets
$0Bank premises and fixed assets
$864Other real estate owned
$0Goodwill and other intangibles
$1,106Life insurance assets
$0All other assets
$0Total liabilities and capital
$111,197Total liabilities
$104,815Total deposits
$95,634Interest-bearing deposits
$75,931Deposits held in domestic offices
95634.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$6,195Trading liabilities
$0Other borrowed funds
$58Subordinated debt
$1,450All other liabilities
$1,478Total equity capital
$1,478Total bank equity capital
$6,382Perpetual preferred stock
$0Common stock
$1,350Surplus
$1,550Undivided profits
Memoranda
$3,482Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$23Income earned, not collected on loans
$436Earning assets
$102,881Long-term assets (5+ years)
$28,111Average Assets, year-to-date
$112,468Average Assets, quarterly
$110,735Volatile liabilities
$8,353Insider loans
$50FHLB advances
$0Loans and leases held for sale
$727Unused loan commitments
$18,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,164Total risk weighted assets
$83,208Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$8,235Total interest expense
$2,739Net interest income
$5,496Provision for loan and lease losses
-$273Total noninterest income
$1,050Fiduciary activities
$0Service charges on deposit accounts
$621Trading account gains & fees
$24Additional noninterest income
$405Total noninterest expense
$3,945Salaries and employee benefits
$1,264Premises and equipment expense
$313Additional noninterest expense
$2,368Pre-tax net operating income
$2,874Securities gains (losses)
$114Applicable income taxes
$1,138Income before extraordinary items
$1,850Extraordinary gains - net
$0Net income attributable to bank
$1,850Net charge-offs
$177Cash dividends
$1,350Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.95%Cost of funding earning assets
2.65%Net interest margin
5.31%Noninterest income to earning assets
1.01%Noninterest expense to earning assets
3.81%Net operating income to assets
1.58%Return on assets (ROA)
1.64%Pretax return on assets
2.66%Return on equity (ROE)
27.67%Retained earnings to average equity (YTD only)
7.48%Net charge-offs to loans
0.26%Credit loss provision to net charge-offs
-154.24%Efficiency ratio
60,266Assets per employee
3.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
72.97%Loss allowance to loans
1.03%Loss allowance to noncurrent loans
3182.61%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.03%Net loans and leases to deposits
73.54%Net loans and leases to core deposits
75.20%Equity capital to assets
5.74%Core capital (leverage) ratio
6.56%Tier 1 risk-based capital ratio
8.61%Total risk-based capital ratio
Memoranda
$11Average assets
$112,468Average earning assets
$6,685Average equity
$103,549Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Norwest Bank Kalispell, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.